The recent settlement reached by the National Association of Realtors (NAR) marks a significant turning point in the real estate industry, carrying substantial implications for markets nationwide, including Palm Springs and the greater Coachella Valley area. For real estate professionals and clients in Coachella Valley, understanding the nuances of this settlement is important to better navigate Continue Reading
Market Reports
Top Reasons to Hire Coachella Valley Real Estate Agents
Working with an experienced real estate agent helps buyers and sellers achieve and exceed their real estate goals. According to the 2023 National Association of Realtors Profile of Home Buyers and Sellers Report, for sale by owners (FSBOs) tend to achieve lower selling prices compared to homes sold with the assistance of a realtor. In 2022, FSBO properties had a median selling price of $310,000, Continue Reading
A Guide to Coachella Valley Mortgage Rates and Home Loans
In Coachella Valley, the housing market presents unique opportunities and challenges, particularly when navigating home loan options. Following record-high mortgage rates, rates have started to drop, with real estate experts predicting that rates will continue to drop in 2024. But what does this mean for buyers and sellers? How will this impact Coachella Valley mortgage rates? Let’s take a Continue Reading
The Benefits of Owning a Rental Property in Coachella Valley
Welcome to sunny Coachella Valley, a beacon for investors looking to enter the rental property market. Renowned for its vibrant festivals and alluring desert landscapes so close to the coast, this hidden gem offers a variety of real estate opportunities. In this guide, take a close look at the benefits of owning a rental property in Coachella Valley, as well as the risks you should know. Continue Reading
Purchase Price vs Interest Rate
Is it a good time to purchase a home? This is a question I and probably most brokers are asked on a regular basis. Is now a good time to buy or should I wait? Well, the answer is more subjective than you may think. The short answer is, can you afford to buy a house now? Interest rates versus the purchase price is a relatively easy equation to calculate. For instance if Continue Reading